RMB Fund
Quarter1 Year3 Year5 Year10 YearSince Inception
As of 12/31/2016
Class A
RMBHX
6/15/1975 Inception
NAV0.43%1.32%3.58%9.23%6.47%10.10%
SEC Return*-4.59%-3.76%1.83%8.12%5.93%9.97%
S&P 500 TR3.82%11.96%8.87%14.66%6.95%11.12%
S&P 500 PR3.25%9.54%6.60%12.23%4.67%8.03%
Class C
RMBJX
4/30/2004 Inception
NAV0.21%0.53%2.80%8.41%5.68%6.04%
SEC Return*-0.50%-0.19%2.80%8.41%5.68%6.04%
S&P 500 TR3.82%11.96%8.87%14.66%6.95%7.94%
S&P 500 PR3.25%9.54%6.60%12.23%4.67%5.71%
Class I
RMBGX
2/1/2017 Inception
NAV
S&P 500 TR
S&P 500 PR
RMB Mendon Financial Services Fund
Quarter1 Year3 Year5 Year10 YearSince Inception
As of 12/31/2016
Class A
RMBKX
6/7/1999 Inception
NAV23.98%29.74%20.19%23.74%8.75%13.91%
SEC Return*17.78%23.25%18.14%22.48%8.20%13.58%
NASDAQ Bank Index TR29.02%37.91%16.34%21.50%3.59%6.74%
NASDAQ Bank Index PR28.41%35.02%13.98%18.95%1.21%4.26%
Class C
RMBNX
4/29/2005 Inception
NAV23.72%28.76%19.29%22.81%7.95%8.97%
SEC Return*22.72%27.76%19.29%22.81%7.95%8.97%
NASDAQ Bank Index TR29.02%37.91%16.34%21.50%3.59%4.99%
NASDAQ Bank Index PR28.41%35.02%13.98%18.95%1.21%2.55%
Class I
RMBLX
2/1/2017 Inception
NAV
NASDAQ Bank Index TR
NASDAQ Bank Index PR
RMB Mendon Financial Long/Short Fund
Quarter1 Year3 Year5 Year10 YearSince Inception
As of 12/31/2016
Class A
RMBFX
4/30/2004 Inception
NAV14.18%9.08%12.06%16.86%8.59%9.84%
SEC Return*8.50%3.64%10.16%15.67%8.04%9.39%
KBW Bank Index TR30.25%28.51%12.20%20.93%-0.13%2.26%
KBW Bank Index PR29.56%25.60%9.84%18.44%-2.44%-0.30%
Class C
RMBCX
4/30/2004 Inception
NAV14.02%8.32%11.26%16.03%7.82%9.07%
SEC Return*13.02%7.32%11.26%16.03%7.82%9.07%
KBW Bank Index TR30.25%28.51%12.20%20.93%-0.13%2.26%
KBW Bank Index PR29.56%25.60%9.84%18.44%-2.44%-0.30%
Class I
RMBIX
8/19/2015 Inception
NAV14.30%9.41%
10.70%
KBW Bank Index TR30.25%28.51%
15.72%
KBW Bank Index PR29.56%25.60%
13.13%

The performance data quoted represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate, so that those shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted due to market volatility. To obtain performance as of the most recent month end, please call 1-800-462-2392.

Total Annual Fund Operating Expenses*

RMB Fund
Class A: 1.38%
Class C: 2.13%
Class I: 1.13%

RMB Mendon Financial Services Fund
Class A: 1.79%
Class C: 2.54%
Class I: 1.44%

RMB Mendon Financial Long/Short Fund
Class A: 2.30%
Class C: 3.00%
Class I: 1.80%

*The Funds’ investment adviser, RMB Capital Management, LLC, has adopted a contractual expense limitation agreement for each fund through April 30, 2017, reducing the applicable fund’s operating expenses. This may be continued from year to year thereafter if agreed upon by all parties. In the absence of such waivers and/or reimbursements, the applicable Fund’s total return and yield would be lower.

Different classes of shares carry different fees and expenses. Class A has a maximum front-end sales charge of 5.0%, Class C has a maximum contingent deferred sales charge of 1.0%, and Class I has waived load with $1,000,000 minimum investment. Class A sales charges are waived for clients of investment intermediaries, or for those who purchase shares via no-transaction fee platforms. Each share class charges a 2.00% short-term redemption fee on proceeds from shares redeemed (either by selling or exchanging into another fund) within 30 days after purchase.

Index Definitions

  • The S&P 500 Index TR is widely regarded as the best single gauge of the U.S. equity market. It includes 500 leading companies in leading industries of the U.S. economy. The index focuses on the large-cap segment of the market and covers approximately 75% of U.S. The index includes dividends reinvested.
  • The S&P 500 Index PR is widely regarded as the best single gauge of the U.S. equity market. It includes 500 leading companies in leading industries of the U.S. economy. The index focuses on the large-cap segment of the market and covers approximately 75% of U.S. This is a price index and does not include reinvested dividends.
  • The NASDAQ Bank Index TR includes securities of NASDAQ-listed companies classified according to the Industry Classification Benchmark (ICB) as Banks. The index includes dividends reinvested.
  • The NASDAQ Bank Index PR includes securities of NASDAQ-listed companies classified according to the Industry Classification Benchmark (ICB) as Banks. This is a price index and does not include reinvested dividends.
  • The KBW Bank Index TR is an unmanaged index comprised of 24 geographically diverse stocks representing national money center banks and leading regional institutions. The index includes dividends reinvested.
  • The KBW Bank Index PR is an unmanaged index comprised of 24 geographically diverse stocks representing national money center banks and leading regional institutions. This is a price index and does not include reinvested dividends.

An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.